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Jan 7, 2013
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cnbc's mandy drury is here with what's moving your money. reports two bidders have emerged in the hostess bankruptcy talks to buy the bread part of the business. >> that's right. flowers foods and grupo. two names thrown around before reportedly in discussions to acquire pieces of the bread business as hostess is basically selling off assets now in a bankruptcy court auction which could be as soon as this week. there are reports of other interested parties. those two are supposedly the opening bidders. as for how much they might have to fork over, you've got the bread business and it's got lots of brands. things like wonder bread, nature's pride, butternut, home pride. according to one person it could all fetch more than $350 mill n million. as for the cake business, that includes the twinkies, that expected to be sold later on this year. we're watching for this week. >> big develops related to the foreclosure fiasco. >> we're talking about a multibillion dollar settlement and the negotiations over this have been going on for some time. the
cnbc's mandy drury is here with what's moving your money. reports two bidders have emerged in the hostess bankruptcy talks to buy the bread part of the business. >> that's right. flowers foods and grupo. two names thrown around before reportedly in discussions to acquire pieces of the bread business as hostess is basically selling off assets now in a bankruptcy court auction which could be as soon as this week. there are reports of other interested parties. those two are supposedly the...
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Nov 12, 2013
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cnbc's mandy drury is here with what's moving your money. mandy, we've got the world's largest retailer opening its doors two hours earlier this year. what, 6:00 p.m.? >> yep. is nothing sacred anymore? >> no. not where there's cash involved. >> walmart will not be outdone. so many retailers are opening on thanksgiving. target, best buy, k-mart and many, many others. it was just a matter of time before walmart jumped on this bandwagon but according to data from comscore online spending on thanksgiving day increased from 2011 to 2012 which makes me feel a little better about it. it's thanksgiving and if you have to go out to the mall and take that time away from your family, that's one thing. if it's online maybe not so bad. apparently over the past five years online shopping on thanksgiving has increased 132%. so thanksgiving has become a huge day for those retailers to rake in the bucks for online shopping. keep in mind total online spending for thanksgiving day, $633 million last year is still small compared with the more than $1 billion t
cnbc's mandy drury is here with what's moving your money. mandy, we've got the world's largest retailer opening its doors two hours earlier this year. what, 6:00 p.m.? >> yep. is nothing sacred anymore? >> no. not where there's cash involved. >> walmart will not be outdone. so many retailers are opening on thanksgiving. target, best buy, k-mart and many, many others. it was just a matter of time before walmart jumped on this bandwagon but according to data from comscore online...
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Feb 1, 2013
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>>> i'm mandy drury with your cnbc market wrap. the dow jumped by 149 points closing above 14,000 for the first time since 2007. the s&p added 15 points and the nasdaq gained 37. 157,000 new jobs were created last month with the unemployment rate ticking up to 7.9%. the numbers were slightly weaker than estimates but investors were conferred by upward revisions to november and december's numbers. more positive data on consumer sentiment, manufacturing, and construction spending also helped to push stocks higher. that is it from cnbc, first in business worldwide. have a great weekend, everybody. now it's back over to "hardball." ♪ >>> welcome back to "hardball." we're seeing a trend i'd say. republican men behaving badly. in fact, they're talking exactly the way they did in the four years leading up to their 2012 election disaster. apparently losing a presidential election senate house seats hasn't dissuaded some republicans from putting their worst feet forward. take chuck hagel's confirmation hearing. some of which we've been ta
>>> i'm mandy drury with your cnbc market wrap. the dow jumped by 149 points closing above 14,000 for the first time since 2007. the s&p added 15 points and the nasdaq gained 37. 157,000 new jobs were created last month with the unemployment rate ticking up to 7.9%. the numbers were slightly weaker than estimates but investors were conferred by upward revisions to november and december's numbers. more positive data on consumer sentiment, manufacturing, and construction spending...
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Oct 22, 2013
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cnbc's mandy drury is here with what's moving your money on this day. all right, so what do we expect? how many tablets? what are they. >> reporter: it's all very exciting for those people who like apple products. we've got new versions of the full-sized ipad and the ipad mini. of course just in time for the year-end holiday shopping season. and the ipad 5 is expected to be thinner and lighter. the ipad mini 2 is likely to include a high resolution retina display, possibly with a fingerprint sensor, and the color scheme of both those ipads is expected to match the iphone 5s. we had the space gray, champagne gold and also the silver. we may also get a new macbook pro. but here's the thing. we're talking evolutionary and not revolutionary. in other words, basically an upgrade similar to the iphone 5s. but as for what's happening in the tablet space, apple obviously has the biggest share of the global tablet market, it's got 33% followed by samsung with 19% and then there's all those others, there's acis, lenovo. but it's a day of lots of presents. you hav
cnbc's mandy drury is here with what's moving your money on this day. all right, so what do we expect? how many tablets? what are they. >> reporter: it's all very exciting for those people who like apple products. we've got new versions of the full-sized ipad and the ipad mini. of course just in time for the year-end holiday shopping season. and the ipad 5 is expected to be thinner and lighter. the ipad mini 2 is likely to include a high resolution retina display, possibly with a...
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Dec 12, 2013
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cnbc's mandy drury is here with what's moving your money. another sign, maybe, the foreclosure crisis may finally almost be over. >> we're certainly hoping so, chris. foreclosure activity in november was down 37% from a year ago. and will not derail the housing rebound under way in many parts of the country, according to the real estate research firm realty track. those are the findings. as you say, november foreclosure starts fell to their lowest level since december 2005. that really is before the housing bust began. so hopefully we're in the ninth inning of the crisis. if you want to know the states with the highest foreclosure rate still in the month of november, they were florida, delaware, maryland, south carolina and illinois. but apparently the reason for that is that all of those states require foreclosures to go through the court. so that can take quite a bit more time. and with the exception of florida, other states hit hard by foreclosurers in the past include california and arizona. and they've cleared stressed properties faster
cnbc's mandy drury is here with what's moving your money. another sign, maybe, the foreclosure crisis may finally almost be over. >> we're certainly hoping so, chris. foreclosure activity in november was down 37% from a year ago. and will not derail the housing rebound under way in many parts of the country, according to the real estate research firm realty track. those are the findings. as you say, november foreclosure starts fell to their lowest level since december 2005. that really is...
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Apr 24, 2013
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cnbc's mandy drury is here with what's moving your money. $200 billion briefly just gone because of that fake tweet from the associated press. what happened here? >> you know, it's partly because of computers and those complicated algarhythms that kick in. so as you can imagine it's really underscoring the vulnerability of our financial markets to these computerized trading programs that buy and sell shares without humans. as you can imagine the two-minute selling spree left a lot of traders shocked because they hadn't pushed sell trade themselves. the market did recover but we have to think closely about whether this is the kind of setup we want. when you think these computer driven high frequency hedge funds can account for as much as half of u.s. stock market volume it's scary. >> speaking of money, a new report finds the rich are getting not just richer but a lot richer. >> pew research found the median network of the wealthiest americans rose nearly 30% between 2009 and 2011 to more than $3 million. but the median net worth of the rest of the nation, ie us, dropped 4% to nearly $134
cnbc's mandy drury is here with what's moving your money. $200 billion briefly just gone because of that fake tweet from the associated press. what happened here? >> you know, it's partly because of computers and those complicated algarhythms that kick in. so as you can imagine it's really underscoring the vulnerability of our financial markets to these computerized trading programs that buy and sell shares without humans. as you can imagine the two-minute selling spree left a lot of...
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Feb 7, 2013
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mandy drury is here with what's moving your money. cnbc reporting this, a deal between american and us airways pretty close to being done. >> that's absolutely right, chris. and as american airlines and us airways, which by the way is the parent close to reaching a merger agreement in a deal that would create the world's largest airline which is possibly going to be an announcement of the deal in the next couple of weeks. now, the talk here is, chris, that an all stock deal between those two air carriers would be executed as a reorganization plan that takes amr out of chapter 11 bankruptcy protection and the combined company would be worth apparently more than $10 billion. so as we say, we could be getting that finalization of an announcement in the next couple of weeks. we'll have to watch out. >> is another story i know you've been watching, "jansing & co." meets at 5:30 in the morning. i'm going to say we're not always completely awake, but people's eyes bugged open this morning when we heard about this milestone for apple itunes.
mandy drury is here with what's moving your money. cnbc reporting this, a deal between american and us airways pretty close to being done. >> that's absolutely right, chris. and as american airlines and us airways, which by the way is the parent close to reaching a merger agreement in a deal that would create the world's largest airline which is possibly going to be an announcement of the deal in the next couple of weeks. now, the talk here is, chris, that an all stock deal between those...
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Jun 19, 2013
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mandy drury is here with what's moving your monday. mandy, good morning. chrysler kind of relenting. >> yep. >> but they reached an agreement to scale back the recall. >> you're absolutely right on that, chris. chrysler didn't want to give into the federal regulators but they have agreed to recall some older model jeeps with fuel tanks that could rupture and cause fires in rear end collisions. the agreement also, chris, allows chrysler to avoid possible public hearings with witnesses provide iing details deadly crashes and they didn't want to do it so they reached an eleventh hour deal. the deal only covers 1.56 million of the 2.7 million jeeps that the government wanted repaired. chrysler does, however, say the others are safe. >> and there's some questions about the future of the fed chair, ben bernanke, after president obama's interview with charlie rose. i want to play a little clip of that. >> ben bernanke has done an outstanding job. ben bernanke's a little bit like robert mueller, the head of the fbi, where he's already stayed a lot longer than he w
mandy drury is here with what's moving your monday. mandy, good morning. chrysler kind of relenting. >> yep. >> but they reached an agreement to scale back the recall. >> you're absolutely right on that, chris. chrysler didn't want to give into the federal regulators but they have agreed to recall some older model jeeps with fuel tanks that could rupture and cause fires in rear end collisions. the agreement also, chris, allows chrysler to avoid possible public hearings with...
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Oct 9, 2013
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mandy drury is here with what's moving your money. a new survey is out. what is going on? >> reporter: it seems that the business people that we're talking about are opting for cheaper eats, even if it is on the boss's dime. obviously a lot of people are lucky enough to be armed with a corporate credit card. but it turns out aerd couccordi survey that you are far more likely to opt to mcdonald's or starbucks that are del frisco's. the survey found although the average per meal spending has risen, many business travelers are still opting for things like starbucks, mcdonald's at number two, subway and also panera bread but there are some regional differences in food spending, so, you know, in most cities you've got starbucks beating out the competition. but here in new york city, apparently business people are opting for seamless. that accounts for more than 7%. >> you put in your zip code and it tells you how many restaurants in your neighborhood deliver. in my neighborhood it's like over 200. it's insanity. >>> there's nothing cheap about this. delta is expanding this prog
mandy drury is here with what's moving your money. a new survey is out. what is going on? >> reporter: it seems that the business people that we're talking about are opting for cheaper eats, even if it is on the boss's dime. obviously a lot of people are lucky enough to be armed with a corporate credit card. but it turns out aerd couccordi survey that you are far more likely to opt to mcdonald's or starbucks that are del frisco's. the survey found although the average per meal spending...
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. >> cnbc's mandy drury is here with what's moving your money. there have been several instances with the dreamliner including one overnight, a 3-foot crack appeared in the window of a 787. do we know what investigators will be focusing on here? >> it's a joint review of safety issues with the 787 and focused on all kinds of things like the electrical system, quality controls that are used in the manufacturing process and it's also going to cover the 787's critical systems and that includes design and assembly. the bottom line here is to try to find out exactly where along the process these problems are occurring, fix them and try to make sure they do not happen again in the future. >> meantime, mixed news on jobs, ford is hearing but american express is firing. >> why don't we start with good news, ford is planning to hire 2,200 engineers, computer programmers and various other white collar workers this year because u.s. demand for vehicles is picking up. that is in addition to the 8,100 salary an hourly jobs they added last year. honda plans to
. >> cnbc's mandy drury is here with what's moving your money. there have been several instances with the dreamliner including one overnight, a 3-foot crack appeared in the window of a 787. do we know what investigators will be focusing on here? >> it's a joint review of safety issues with the 787 and focused on all kinds of things like the electrical system, quality controls that are used in the manufacturing process and it's also going to cover the 787's critical systems and that...
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Sep 13, 2013
09/13
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mandy drury is here with what's moving your money. i'm telling you, people going crazy over this. >> yeah, we haven't seen this much since facebook, remember that? you know, they tweeted it out. this is what they tweeted. we've confidentially submitted an s-1 to the s.e.c. for a planned ipo. this does not constitute an offer of any securities for sale. following that initial announcement, twitter's official account sent out another tweet, chris, saying now, back to work. obviously a lot of us use twitter, we love twitter. you're probably wondering how can i get in on this action as well. we have to wait and see. we don't know if there are any shares for us, the individual investor, because we have very few details at this stage. we're in the dark about how many shares of the social media company will be offered, the timing of the offering, the price of the shares. typically ipos of these big much awaited ipos are doled out by the investment bankers to their favored clients and long-standing customers so us, the individual, usually has
mandy drury is here with what's moving your money. i'm telling you, people going crazy over this. >> yeah, we haven't seen this much since facebook, remember that? you know, they tweeted it out. this is what they tweeted. we've confidentially submitted an s-1 to the s.e.c. for a planned ipo. this does not constitute an offer of any securities for sale. following that initial announcement, twitter's official account sent out another tweet, chris, saying now, back to work. obviously a lot...
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Aug 5, 2013
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mandy drury is here with what is moving your money. we are hearing a blackout could last ten days or maybe into september? >> we don't know at this stage. you're right. approximately 3.5 million customers are affected by this. apparently the two companies do not appear at this juncture to be close to settling their dispute over fees so time warner has dropped cbs which is the number one rated u.s. broadcast network. and it really stunned gold fans who missed the victory yesterday and a lot of people were annoyed. cbs says it is ready to negotiate in good faith. time warner cable says it regrets the inconvenience to awful your viewers and hopes to resolve the situation as soon as possible. we have to wait and see. i should mention, apparently programming blackouts are becoming increasingly common. >> let's talk about something that i'm going to file away under this makes me feel old. the days could be numbered for the car cd player. >> feels like only yesterday. we had those eight-track players in our car and also cassette players. >> w
mandy drury is here with what is moving your money. we are hearing a blackout could last ten days or maybe into september? >> we don't know at this stage. you're right. approximately 3.5 million customers are affected by this. apparently the two companies do not appear at this juncture to be close to settling their dispute over fees so time warner has dropped cbs which is the number one rated u.s. broadcast network. and it really stunned gold fans who missed the victory yesterday and a...
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Jun 21, 2013
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mandy drury is here with what's moving your money. i was listening to jim crime they are morning who says it is not time to panic. so is wall street taking a breath this morning saying things aren't so bad? >> i have just been watching the tape here and obviously it's a little bit volatile. we are back to where it just turned negative for the three indices, but compared to what we have seen the past couple of days, chris, i guess you can say we are somewhat stabilizing. in fact, we had the biggest drop of the year yesterday. if you add up the losses from wednesday and thursday, the dow has lost over 500 points. that really wiped out all those gains that we saw this both may and june. the market is worried the safety blanket will be taken away by the fed. it does look like the fed will scale back the massive bond-buying program later this year if the economy continues to improve. so in light of that, the thing we really need to watch here, chris, is treasury yields. the fed has kept those yields low. that's kept borrowing cheep for us,
mandy drury is here with what's moving your money. i was listening to jim crime they are morning who says it is not time to panic. so is wall street taking a breath this morning saying things aren't so bad? >> i have just been watching the tape here and obviously it's a little bit volatile. we are back to where it just turned negative for the three indices, but compared to what we have seen the past couple of days, chris, i guess you can say we are somewhat stabilizing. in fact, we had...
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Jan 28, 2013
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cnbc's mandy drury. >> it seems as if, richard, quietly, quietly, fees buying things by credit card are moving up. merchants are permitted to hit you with a surcharge when you use certain credit cards. basically it's a win for retailers but a loss for us, the consumer. it is the result, richard, of a class action settlement last july which gives the merchants the option. it's the option. they have to do it. if they want to they can tack as much as a 4% surcharge on to your bill if you pay with visa or mastercard. however, and here's the however, richard. when you consider how competitive the retail environment is, apparently the national retail federation polled its members and found that none actually plan to add the fee. you've got, for example, toys r us and target. they told nbc news that they would not be passing that on to shoppers. >> profit margins are so skinny when we're talking about retail. >> right. >> let's move to this. the suffering could soon be over for fans of devil dogs, ring dings and yodels. >> reportedly mckee foods that makes little debbie snack cakes is reported
cnbc's mandy drury. >> it seems as if, richard, quietly, quietly, fees buying things by credit card are moving up. merchants are permitted to hit you with a surcharge when you use certain credit cards. basically it's a win for retailers but a loss for us, the consumer. it is the result, richard, of a class action settlement last july which gives the merchants the option. it's the option. they have to do it. if they want to they can tack as much as a 4% surcharge on to your bill if you pay...
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Dec 18, 2013
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cnbc's mandy drury is here with what's moving your money. obviously, mandy, the goal is to get us to spend our money. >> to open up our wallets, chris. with all this wintry weather impacting sales, retailers are trying to sweeten the deal. there's a new var from the national retail federation which finds that half of all shoppers plan to wrap up their shopping online. nearly a third will do it today. and today really is the day to do it because it's free shipping day and there are now more than 900 retailers who are offering free shipping with delivery by christmas, by hook or by crook. they say by christmas eve you're going to have it. i actually found this kind of amusing because you can actually get free shipping when you order a drone from a company called quad-o-copter. it's one of those companies promoting in that free shipping. >> that's funny. >> i know. in addition to free shipping, there are a lot of retailers out there who are also targeting the procrastinator. you know, the person who may be like men who maybe wait until the last
cnbc's mandy drury is here with what's moving your money. obviously, mandy, the goal is to get us to spend our money. >> to open up our wallets, chris. with all this wintry weather impacting sales, retailers are trying to sweeten the deal. there's a new var from the national retail federation which finds that half of all shoppers plan to wrap up their shopping online. nearly a third will do it today. and today really is the day to do it because it's free shipping day and there are now...
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Apr 25, 2013
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cnbc's mandy drury is here with what's moving your money. boy, it's a lot more expensive to go to the prom than it was when i went. >> hitting an average now, chris, of $1,131 per family, according to a new visa survey representing an increase of 5% over last year. in fact, visa is even launching today a new free smartphone app that's going to help you be able to plan every budget and every aspect of the prom, so anyway, these are some of the interesting findings, chris, from that visa prom survey. some interesting regional disparities. for the second year in a row the northeast led the nation in spending. the midwest, that had the least and an average of $722, but one troubling statistic is that parents who fell in the lower income brackets, that's classified by visa as less than $50,000 a year, plan to spend more than the national average at $1,245 while parents who make over that amount will spend an average of $1,129. additionally, single parents plan to spend $1,563, almost double the amount that married parents plan to spend. >> wow. >
cnbc's mandy drury is here with what's moving your money. boy, it's a lot more expensive to go to the prom than it was when i went. >> hitting an average now, chris, of $1,131 per family, according to a new visa survey representing an increase of 5% over last year. in fact, visa is even launching today a new free smartphone app that's going to help you be able to plan every budget and every aspect of the prom, so anyway, these are some of the interesting findings, chris, from that visa...
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Nov 26, 2013
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cnbc's mandy drury is here with what's moving your money. so there's this report that banks could start charging us if and when the fed pulls back on the stimulus. >> yeah, it's kind of an interesting story here. and again, it's just hypothetical, but here's what's happening, chris. major u.s. banks have warned that they could start charging companies and us, the consumer, for deposits if the fed cuts the interest it pays on bank reserves. it's already pretty tough, right, if you're a saver, you deposit your money in the bank and get very, very little interest. but if you have to start paying the bank just to park your money there, that's a whole different ball game. the question is why would banks do this? well, apparently it is one strategy that is being considered that the fed could use to offset the tapering, i.e. the cut in the bank reserve interest could be a way to add just a little stimulus back into the system at the same time the fed is pulling back on stimulus but someone has to bear the cost and that could be us. >> i'm no econom
cnbc's mandy drury is here with what's moving your money. so there's this report that banks could start charging us if and when the fed pulls back on the stimulus. >> yeah, it's kind of an interesting story here. and again, it's just hypothetical, but here's what's happening, chris. major u.s. banks have warned that they could start charging companies and us, the consumer, for deposits if the fed cuts the interest it pays on bank reserves. it's already pretty tough, right, if you're a...
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Nov 1, 2013
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cnbc's mandy drury is here with what's moving your money. we had one of our producers who took a picture of the line in the very wee hours of the morning. what's going on, mandy? >> yeah, the retail store sales started at 8:00 a.m. this morning and of course you'd have to line up to be out there in the front of the line. it's unclear just how many of these new ipads that apple is expected to sell in this launch weekend, but last november you might remember that apple reported initial sales of three million ipads in the first three days, which was twice the 1.5 million that it sold during the third generation launch in march. so -- and guess what, we're not even the first here in the united states. the new ipad already arrived first in places like australia, obviously my home country, and in the biggest global rollout launch yet for an apple tablet, it is headed to 41 other countries. according to c-net while initial online sales in various other places just after midnight local time was popular, it only sold out in hong kong. so we'll just h
cnbc's mandy drury is here with what's moving your money. we had one of our producers who took a picture of the line in the very wee hours of the morning. what's going on, mandy? >> yeah, the retail store sales started at 8:00 a.m. this morning and of course you'd have to line up to be out there in the front of the line. it's unclear just how many of these new ipads that apple is expected to sell in this launch weekend, but last november you might remember that apple reported initial...
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Jan 2, 2013
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. >>> i'm mandy drury with your market wrap. the dow soared more than 300 points. the nasdaq climbed by 93. the jump start came from washington where last night's eleventh hour fiscal cliff deal in the house gave investors renewed confidence. apple jumped nearly 3% amid talks they're testing a new iphone and new ios software. that's it from cnbc. now back over to "hardball." . >>> there's only one group to blame for the continued suffering of these incident victims. the house majority and their speaker john boehner. we respond to innocent victims of natural disasters not as republicans or democrats, but as americans. or at least we did. until last night. last night the house of representatives failed that most basic test of public service. and they did so with callous indifference to the suffering of the people of my state. >> welcome back to "hardball." when a politician even one as outspoken as chris christie the republican governor of new jersey trashes his own party like that, it's knews. in fact, the failure of the vote on a package for hurricane san si is one
. >>> i'm mandy drury with your market wrap. the dow soared more than 300 points. the nasdaq climbed by 93. the jump start came from washington where last night's eleventh hour fiscal cliff deal in the house gave investors renewed confidence. apple jumped nearly 3% amid talks they're testing a new iphone and new ios software. that's it from cnbc. now back over to "hardball." . >>> there's only one group to blame for the continued suffering of these incident victims....
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Jan 28, 2013
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. >>> i'm mandy drury with your cnbc market wrap. modest moves with the dow falling 14 points, the s&p is off by 2, and the nasdaq gained 4. yahoo! shares have been up as much as 4% in after hours trade following a better than expected earnings report. revenue was in line with estimates. >>> on the economic front, durable goods orders rose 4.6% last month, much more than forecast. however pending home sales slid by 4.3% in december. economists were expecting a gain. that is it from cnbc, first in business worldwide. now back over to "hardball." ♪ >>> i decided to not comment between the election and the inauguration because i wanted to see what kind of presidents we were looking at here, what kind of path and trajectory he was putting his administration on, and all of the statements and all the comments lead me to believe that he's thinking more of a political conquest than political compromise. >> welcome back to "hardball." this weekend congressman paul ryan, you just saw him there, kept up the republican claim of victimhood. tha
. >>> i'm mandy drury with your cnbc market wrap. modest moves with the dow falling 14 points, the s&p is off by 2, and the nasdaq gained 4. yahoo! shares have been up as much as 4% in after hours trade following a better than expected earnings report. revenue was in line with estimates. >>> on the economic front, durable goods orders rose 4.6% last month, much more than forecast. however pending home sales slid by 4.3% in december. economists were expecting a gain. that...
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Nov 13, 2013
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cnbc's mandy drury is here with what's moving your money, talking about american airlines and u.s. airways. they have reached a deal to create the world's biggest airline. >> there's still some questions about what it means for us, the air traveler. we don't know whether it's going to be a huge cost to us, but what we do know is that there is some question over what happens to small towns that could lose service. the two airlines did agree to give up dozens of gates in new york and washington to make this merger happen. that does allow for a bigger foot hold for low cost acarrier at key u.s. airports could could be good. it could mean more competition on routes. we always think more competition, cheaper fares, but apparently that's not going to necessarily be the case. the industry was under a lot of financial strain for some time, is doing much better now, and you know what, they're probably not willing to give that up. so the hope is at least with the improved finances of the new merged airline, we're hoping at the very least if not cheaper flights, at least maybe better customer
cnbc's mandy drury is here with what's moving your money, talking about american airlines and u.s. airways. they have reached a deal to create the world's biggest airline. >> there's still some questions about what it means for us, the air traveler. we don't know whether it's going to be a huge cost to us, but what we do know is that there is some question over what happens to small towns that could lose service. the two airlines did agree to give up dozens of gates in new york and...
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Mar 4, 2013
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cnbc's mandy drury, thank you very much. >> thank you. >>> president obama's fund-raisers brought in as much as $268 million for his re-election campaign. among the top donors, har sri weinstein, eva longoria, singer dwenn stefani, and actor will smith and his wife, jada pinkette smith. for access to one of the top wealth management firms in the country. for a team of financial professionals who provide customized solutions. for all of your wealth management and retirement goals, discover how pnc wealth management can help you achieve. visit pnc.com/wealthsolutions to find out more. (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. have given way to sleeping. tossing and turning where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta s
cnbc's mandy drury, thank you very much. >> thank you. >>> president obama's fund-raisers brought in as much as $268 million for his re-election campaign. among the top donors, har sri weinstein, eva longoria, singer dwenn stefani, and actor will smith and his wife, jada pinkette smith. for access to one of the top wealth management firms in the country. for a team of financial professionals who provide customized solutions. for all of your wealth management and retirement goals,...
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Jan 10, 2013
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. >> cnbc's mandi drury, thank you so much. we'll be right back. customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. living with moderate to semeans living with pain.is it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra, humira is clinically proven to help relieve pain and stop joint damage. so you can treat more than just the pain. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, hepatitis b, are prone t
. >> cnbc's mandi drury, thank you so much. we'll be right back. customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. living with moderate to semeans living with pain.is it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra, humira is clinically proven to help...
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Oct 10, 2013
10/13
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cnbc's mandy drury is here with what's moving your money. so i guess maybe they're looking at wash and saying they just might get this done. >> yeah, absolutely. and on those hopes, actually, chris, we saw some really sharp gains in stocks immediately in the first minutes of trade. we saw the dow pushing up above -- well above triple digits, and it's currently up about 170 points at last count. i'm just looking at the numbers there. obviously the hopes are here that the signs that we might get this budget impasse in washington breaking soon. the president meeting with the house republicans today. so the market reaction really suggests here that -- there we go. okay, realtime, we're up by 200 points right now. so it's looking great. >> yeah, back over 15,000. >> absolutely, back over 15,000. so the market reaction here, chris, really does suggest that even a short-term debt limit increase to prevent this nation's first-ever default would be welcomed by investors at this stage. there are a lot of doomsday scenarios being put out there as to wh
cnbc's mandy drury is here with what's moving your money. so i guess maybe they're looking at wash and saying they just might get this done. >> yeah, absolutely. and on those hopes, actually, chris, we saw some really sharp gains in stocks immediately in the first minutes of trade. we saw the dow pushing up above -- well above triple digits, and it's currently up about 170 points at last count. i'm just looking at the numbers there. obviously the hopes are here that the signs that we...
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Aug 7, 2013
08/13
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. >> you're looking to replace mandy drury, aren't you? >> i don't know where she is! >> can i show awe tweet about yahoo!? let's be honest as far as most users are concerned yahoo! got a new logo about a decade ago and shows a picture of google. is that part of the reason for a change, draw some attention and help them get some of that share back from google? >> a low myer taking over the team. the basketball team changed its name because sometimes you need to show you're not what you used to do. different color, different logo and different jersey. no meaningful change here but myer said it needs to reflect the new yahoo! going forward. they have apparently picked one but they are going to do 30 different ones over 30 days even though they know what they are going to choose. like an extended tease as we would call that in the biz. >> head fake. head fake. the next story provoked so much conversation that we kind of had to shut it down and move on to other things. a lot more people are saying no when he when they get invited to weddings because it's so expensive. >> t
. >> you're looking to replace mandy drury, aren't you? >> i don't know where she is! >> can i show awe tweet about yahoo!? let's be honest as far as most users are concerned yahoo! got a new logo about a decade ago and shows a picture of google. is that part of the reason for a change, draw some attention and help them get some of that share back from google? >> a low myer taking over the team. the basketball team changed its name because sometimes you need to show...
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May 1, 2013
05/13
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cnbc's mandy drury is here with what's moving your money. we're talking about an increase in maternity leave time. >> you're right. her own maternity leave was only a matter of week when is she took the job, but marissa meyer is expanding yahoo!'s family leave policy. you have a doubling of maternity leave. you are paternity leave up to eight weeks. mothers can take up to four months of paid leave. even parents who adopt can take eight weeks off work. yahoo! is also giving new parents $500 to spend on those things you need. and even new pets are going to get some freebies as well for those who don't want children. it's all part of keeping up with the kind of perks that are offered by rivals. obviously, the perks offered by google are legendary and those other tech companies like facebook that offer good perks. yahoo! has to do something in order to attract and retain top talent. you know, i think this is something that, as you say, expectant mothers and fathers can really get on board with. >> yeah, absolutely. let's talk about newspapers. a
cnbc's mandy drury is here with what's moving your money. we're talking about an increase in maternity leave time. >> you're right. her own maternity leave was only a matter of week when is she took the job, but marissa meyer is expanding yahoo!'s family leave policy. you have a doubling of maternity leave. you are paternity leave up to eight weeks. mothers can take up to four months of paid leave. even parents who adopt can take eight weeks off work. yahoo! is also giving new parents...
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Nov 20, 2013
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. >>> i'm mandy drury with your cnbc market wrap. stocks down as the fed considers pulling back on a stimulus program over the next few months. the dow losing 66 points. the s&p falling 6 and nasdaq 10. the cost of living edged down in october. fell by .1%, driven mainly by lower gas prices. retail sales rose, as americans flexed their purchasing power on items like cars and dining out. >>> and existing home sales dropped for a second month, down 3.2% in the month of october. and that's it from cnbc first in business worldwide. [ male announcer ] your eyes. even at a distance of 10 miles... the length of 146 football fields... they can see the light of a single candle. your eyes are amazing. look after them with centrum silver. multivitamins with lutein and vitamins a, c, and e to support healthy eyes and packed with key nutrients to support your heart and brain, too. centrum silver. for the most amazing parts of you. [ male announcer ] welcome back all the sweet things your family loves with 0-calorie monk fruit in the raw. ♪ welc
. >>> i'm mandy drury with your cnbc market wrap. stocks down as the fed considers pulling back on a stimulus program over the next few months. the dow losing 66 points. the s&p falling 6 and nasdaq 10. the cost of living edged down in october. fell by .1%, driven mainly by lower gas prices. retail sales rose, as americans flexed their purchasing power on items like cars and dining out. >>> and existing home sales dropped for a second month, down 3.2% in the month of...
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Feb 4, 2013
02/13
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mandy drury is here with what's moving your money. they're tallying up the numbers but looks like a big windfall. >> this city has obviously been really hoping for a big economic boost from the super bowl although the power outage may not help its reputation going forward. nonetheless, tallying up the numbers, we're not completely tallied up yet, but over 150,000 people were expected to have visited the city with hotel revenue up 100%, all in an estimated $432 million boost plus of course all the parties and events and all the things surrounding the super bowl as well. if indeed that is the amount that it comes to, it is $100 million more than the indianapolis super bowl, that indianapolis netted last year. it is nonetheless, less than the estimated $600 million that the dallas area drew back in 2011. but you know what, they could do with an economic boost, right? >> absolutely right. that's a lot of wings. thanks a lot. >>> after catching some flack for her national anthem performance at president obama's inauguration, beyonce certai
mandy drury is here with what's moving your money. they're tallying up the numbers but looks like a big windfall. >> this city has obviously been really hoping for a big economic boost from the super bowl although the power outage may not help its reputation going forward. nonetheless, tallying up the numbers, we're not completely tallied up yet, but over 150,000 people were expected to have visited the city with hotel revenue up 100%, all in an estimated $432 million boost plus of course...
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Jul 12, 2013
07/13
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i'm joined by my colleagues from street signs, mandy drury and brian sullivan. we'll call you sully. i just saw "monsters university", he's a big scary guy played by john goodman. you're big and scary. >> not scary. the whole point of "monsters inc.," he's not scary, big and fluffy and green. or blue. i don't know. >> big and fluffy and green. >> i appreciate the sentiment of what you're trying to do, but the whole fluffy thing, uncalled for. >> is that offensive if i call you fluffy? >> it is better than calling you fluffer. >> john goodman is a good actor, fantastic. i have no -- the show just started. is this how it is going t
i'm joined by my colleagues from street signs, mandy drury and brian sullivan. we'll call you sully. i just saw "monsters university", he's a big scary guy played by john goodman. you're big and scary. >> not scary. the whole point of "monsters inc.," he's not scary, big and fluffy and green. or blue. i don't know. >> big and fluffy and green. >> i appreciate the sentiment of what you're trying to do, but the whole fluffy thing, uncalled for. >> is...
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Jul 12, 2013
07/13
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i'm joined by my colleagues from street signs, mandy drury and brian sullivan. we'll call you sully. i just saw "monsters university", he's a big scary guy played by john goodman. you're big and scary. >> not scary. the whole point of "monsters inc.," he's not scary, big and fluffy and green. or blue. i don't know. >> big and fluffy and green. >> i appreciate the sentiment of what you're trying to do, but the whole fluffy thing, uncalled for. >> is that offensive if i call you fluffy? >> it is better than calling you fluffer. >> john goodman is a good actor, fantastic. i have no -- the show just started. is this how it is going to go? >> we're trying for a new record for playing porn music. almost got it there. i'm the short guy played by billy crystal. it is not street signs a.m. >> no, street signs early edition. >> no, the squawk brand is much bigger. >> there you go. will come up every 20 minutes. >> i don't mind that. also people said you have a tendency to kind of hijack the show from andrew a little bit when you're on. i said, you know what, it is friday,
i'm joined by my colleagues from street signs, mandy drury and brian sullivan. we'll call you sully. i just saw "monsters university", he's a big scary guy played by john goodman. you're big and scary. >> not scary. the whole point of "monsters inc.," he's not scary, big and fluffy and green. or blue. i don't know. >> big and fluffy and green. >> i appreciate the sentiment of what you're trying to do, but the whole fluffy thing, uncalled for. >> is...
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Dec 24, 2013
12/13
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joining me now with the 2014 outlook is cnbc correspondent mandy drury. good morning to you, mandy. thanks for being here this morning. so let's start right there. do we expect this growth to continue? i know that there has been some skepticism and we have a graphic of the growth actually, 4.1%, third quarter 3.6%. what are your predictions looking forward? >> certainly this year as you can see from the graphic the momentum has been build. as for going into next year, the hope is that we will continue to build on that. you would logically assume that the fed would not have made that decision to start pulling back on its extraordinary steam if it didn't feel the economy was strong enough and today we got another strong economic number. we got durable goods for november. they were up 3.5%. that was far better than the 2.5% gain expected. capital goods orders are picking up. retail sales for november, personal spending, they were both better than expected. so there certainly are some good signs out there and you might have heard this week the international monetary fund, the imf saying
joining me now with the 2014 outlook is cnbc correspondent mandy drury. good morning to you, mandy. thanks for being here this morning. so let's start right there. do we expect this growth to continue? i know that there has been some skepticism and we have a graphic of the growth actually, 4.1%, third quarter 3.6%. what are your predictions looking forward? >> certainly this year as you can see from the graphic the momentum has been build. as for going into next year, the hope is that we...
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Dec 26, 2013
12/13
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joined by mandy drury who is awesome 100% of the time. >> good to see you again. >> good to see you. the santa claus rally, we talk about it in a mythical status. how real is it? will we see it happen again? >> it is pretty real. it is generally positive perpoermance that we see in the last five trading days of the year and the first two of the new year. they were discovered back to 1972 by yale hirsch, the creator of the stock trader's almanac. once investors finish selling off all of the losers and the dogs to avoid paying tap tal gains on the winners, you see this where traders snatch up stocks. be careful. you know this and i know this. there can be low volume and it's not for the faint of heart. seasonality is on our side. >> not saying go out and buy stocks. >> absolutely. it's a pattern. >> the dow jones gained about 25%. it seems like people tend to think if it comes up, it has to come down. what is the consensus about what 2014 will look like? the retail investors are thinking wow, it looks good. i don't want to get burned again. >> you don't want to be chasing. with the dow
joined by mandy drury who is awesome 100% of the time. >> good to see you again. >> good to see you. the santa claus rally, we talk about it in a mythical status. how real is it? will we see it happen again? >> it is pretty real. it is generally positive perpoermance that we see in the last five trading days of the year and the first two of the new year. they were discovered back to 1972 by yale hirsch, the creator of the stock trader's almanac. once investors finish selling...